Responsible lending leeway ‘put to the test’ by COVID-19
The COVID-19 crisis will bring to light the effectiveness of principles-based responsible lending guidance, according to ASIC chair James Sh...
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The suburb’s capital gain of -16.13% for the past year is lower than average compared to its -11.86% growth within a five-year period.
Also in FINLEY, the median home price is sitting at $130,000, and the average rent at $222.5, this suggests property owners could potentially earn a 8.9% increase in gross rental yield.
Property investors have seen a 0% gain in FINLEY based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.73% growth over a ten-year period. It ranks 3559th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $130,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -16.13% | N/A |
| Median 3 years | -20.73% | N/A |
| Median 5 years | -11.86% | N/A |
| 10 years average annual | 0.73% | N/A |
| Weekly media advert. rent | $222.5 | N/A |
| Time on Market | 119.7 days | N/A |
| Gross Rental Yield Percent | 8.9% | N/A |
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